First Bank in Tallahassee, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 15, 2000

  • First Bank in Tallahassee, Florida (FL)
  • Show street view No street view available for this location

First Bank - Overview

  • General
  • FDIC Certificate #: 33140
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 1481914
    Date Established: October 15, 1990
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 11877
    FDIC's unique #: 46375
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 15, 1990
    Last Structure Change Effective Date: December 15, 2000
    Last Structure Change Process Date: Febuary 14, 2001
    Last Data Update: Febuary 14, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 1997 Capital Circle, N.E., Tallahassee, FL 32308
    County: Leon
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Tallahassee, FL (#8240)
    Core Based Statistical Area (CBSA): Tallahassee, FL (#45220)
    CBSA Metro Statistical Area: Tallahassee, FL (#45220)
  • Financial Summary
  • Total assets: $99.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 40Total employees (full-time equivalent)
  • $101,218Total assets
  • $4,054Cash and due from depository institutions
  • $23Interest-bearing balances
  • $15,828Securities
  • $4,324Federal funds sold & reverse repurchase agreements
  • $72,424Net loans & leases
  • $718Loan loss allowance
  • $0Trading account assets
  • $2,622Bank premises and fixed assets
  • $109Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,857All other assets
  • $101,218Total liabilities and capital
  • $93,243Total liabilities
  • $92,099Total deposits
  • $67,848Interest-bearing deposits
  • $92,099Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $571Other borrowed funds
  • $0Subordinated debt
  • $573All other liabilities
  • $7,975Total equity capital
  • $7,975Total bank equity capital
  • $7,975Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $2,000Undivided profits
  • Memoranda
  • $3,975Noncurrent loans and leases
  • $22,887Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $139Earning assets
  • $0Long-term assets (5+ years)
  • $531Average Assets, year-to-date
  • $92,599Average Assets, quarterly
  • $15,292Volatile liabilities
  • $94,390Insider loans
  • $97,958FHLB advances
  • $16,000Loans and leases held for sale
  • $7,930Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $22,887Total unused commitments
  • $0Restructured Loans and leases
  • $718Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $7,026Total interest income
  • $2,910Total interest expense
  • $4,116Net interest income
  • $250Provision for loan and lease losses
  • $1,342Total noninterest income
  • $0Fiduciary activities
  • $582Service charges on deposit accounts
  • $0Trading account gains & fees
  • $760Additional noninterest income
  • $3,816Total noninterest expense
  • $1,446Salaries and employee benefits
  • $562Premises and equipment expense
  • $1,808Additional noninterest expense
  • $1,392Pre-tax net operating income
  • $0Securities gains (losses)
  • $423Applicable income taxes
  • $969Income before extraordinary items
  • $0Extraordinary gains - net
  • $969Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $142Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.29%Yield on earning assets
  • 3.43%Cost of funding earning assets
  • 4.85%Net interest margin
  • 1.58%Noninterest income to earning assets
  • 4.50%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.47%Pretax return on assets
  • 12.45%Return on equity (ROE)
  • 11.42%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 176.06%Credit loss provision to net charge-offs
  • 11.56%Efficiency ratio
  • 69,916Assets per employee
  • 2.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 8.26%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 516.55%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.19%Net loans and leases to deposits
  • 78.64%Net loans and leases to core deposits
  • 95.17%Equity capital to assets
  • 7.88%Core capital (leverage) ratio
  • 8.51%Tier 1 risk-based capital ratio
  • 9.99%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $94,390Average earning assets
  • $7,786Average equity
  • $84,804Average loans

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